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Armenian Government Forecasts 4.1% Growth

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  • Armenian Government Forecasts 4.1% Growth

    ARMENIAN GOVERNMENT FORECASTS 4.1% GROWTH

    October 15, 2013 | 13:18

    YEREVAN. - The Government of Armenia has reduced the country's 2013
    GDP growth forecast all the way to 4.1 percent, notes the statement
    of the draft 2014 State Budget.

    To note, at the beginning of the year, President Serzh Sargsyan had
    set a task before the government to ensure a 7-percent economic growth,
    and a 6.2-percent forecast was put on the basis of the 2013 budget.

    The government has argued that the drop in the economic growth rate
    is due to the internal developments in Armenia and the slowdown in
    the growth of global economy.

    A 5.2-percent economic growth forecast is put on the basis of Armenia's
    2014 State Budget.

    http://news.am/eng/news/176033.html

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